TrackMyRisks is a UK-based startup founded in 2014 with a focus on revolutionizing the way businesses approach governance, risk, and compliance. The company's mission is to simplify risk management through the use of its secure, online platform, which automates the process, making it accessible and jargon-free for businesses of all sizes and industries. The platform not only helps in understanding and identifying risks within a business, including those related to people, property, technology, and suppliers, but also provides support for the necessary controls and mitigations, as well as the storage, maintenance, and sharing of essential documentation, ensuring compliance with legal, regulatory, and contractual requirements.
Recognizing the challenges and complexities that often hinder effective risk management, TrackMyRisks aims to provide a solution that is both practical and user-friendly, enabling businesses to focus on more pressing matters without compromising on their risk management responsibilities.
The latest funding milestone for TrackMyRisks was a £140.60K Seed Round investment on 27 January 2018. The company has yet to disclose the specific investors involved in this funding round.
The startup operates in the Analytics and SaaS industries, offering its services via direct access at www.trackmyrisks.com and through various commercial partners, including insurance brokers, insurers, lawyers, health & safety advisers, and trade associations.
With its innovative approach and commitment to streamlining risk management, TrackMyRisks presents an intriguing investment opportunity for venture capitalists seeking exposure to the evolving landscape of risk and compliance solutions within the business ecosystem.